Consolidated Edison Stock Forward View - Simple Moving Average
| ED Stock | USD 109.10 -0.01 -0.01% |
Consolidated Edison's Simple Moving Average reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use. The model is fitted to available historical daily prices for Consolidated Edison. This page is updated as new daily closing prices become available for Consolidated Edison.
The Simple Moving Average forecasted value of Consolidated Edison on the next trading day is expected to be 109.10 with a mean absolute deviation of 1.10 and the sum of the absolute errors of 64.83.The simple moving average model is conceptually a linear regression of the current value of Consolidated Edison price series against current and previous (unobserved) value of Consolidated Edison. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future All Simple Moving Average forecast figures shown for Consolidated Edison are reference data reflecting model output based on available historical prices. Simple Moving Average Price Forecast For the 25th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Consolidated Edison on the next trading day is expected to be 109.10 with a mean absolute deviation of 1.10 , mean absolute percentage error of 1.79 , and the sum of the absolute errors of 64.83 .Please note that although there have been many attempts to predict Consolidated Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Consolidated Edison's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
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Forecasted Value
This next-day forecast for Consolidated Edison uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 108.06 and upside near 110.15.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Consolidated Edison stock data series using in forecasting. Note that when a statistical model is used to represent Consolidated Edison stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 115.0188 |
| Bias | Arithmetic mean of the errors | -0.2669 |
| MAD | Mean absolute deviation | 1.0988 |
| MAPE | Mean absolute percentage error | 0.0102 |
| SAE | Sum of the absolute errors | 64.83 |
Other Forecasting Options for Consolidated Edison
Bollinger Bands applied to Consolidated Stock price data measure how far Consolidated has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to Consolidated Edison's price data. On-balance volume for Consolidated Stock creates a running indicator of buying versus selling pressure in Consolidated. Price departures from the channel boundary often mean-revert, offering tactical signals for Consolidated Edison's.Consolidated Edison Related Equities
These stocks within the Utilities space are often compared to Consolidated Edison by analysts and fund managers in the sector. Peer review on balance sheet metrics shows how Consolidated Edison's capital structure stacks up against similar firms.
| Risk & Return | Correlation |
Consolidated Edison Market Strength Events
For investors tracking Consolidated Edison, market strength indicators offer quantitative evaluation of stock behavior. These indicators add context to timing decisions around Consolidated Edison positions. These indicators capture shifts in momentum that may precede significant price moves in Consolidated Edison. These metrics provide actionable context for both entry and risk management decisions around Consolidated Edison.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 109.1 | |||
| Day Typical Price | 109.1 | |||
| Price Action Indicator | -0.01 | |||
| Period Momentum Indicator | -0.01 | |||
| Relative Strength Index | 50.91 |
Consolidated Edison Risk Indicators
Analyzing Consolidated Edison's basic risk indicators provides investors with a structured view of the risk-return trade-off for consolidated stock. By identifying the level of risk embedded in Consolidated Edison's investment, investors can make informed decisions about position sizing. Analyzing Consolidated Edison's risk indicators gives investors important context for price forecasting. Understanding the risk in Consolidated Edison's investment allows investors to make informed choices about mitigating exposure.
| Mean Deviation | 0.8652 | |||
| Semi Deviation | 0.9377 | |||
| Standard Deviation | 1.05 | |||
| Variance | 1.11 | |||
| Downside Variance | 1.17 | |||
| Semi Variance | 0.8793 | |||
| Expected Short fall | -0.91 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Consolidated Edison
Story coverage around Consolidated Edison often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
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Consolidated Edison Short Properties
Reviewing short-oriented indicators for Consolidated Edison is useful because long and short participants often create very different signals for timing and volatility. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 358.7 M | |
| Cash And Short Term Investments | 1.6 B |